Andy has gains and losses from the following transactions: A gain of $50,000 from property held for 6 months, a gain of $3,000 from property held for more than one year, and a loss from the sales of property held for more than one year of $45,000. Andy has been advised that he can enter into a transaction that would create $25,000 of short-term capital loss and $24,000 of long-term capital gain. Should Andy enter into the transaction? Why? The tax rate for long-term capital gains is 20% and the rate for short-term gains is 37%.